Hello Nature, manufacturer of organic fertilizers, biostimulants and microbials, has partnered with Indiana (U.S.) business MPS Egg Farms to form a joint venture that will make a nearly USD$50 million investment in Wabash, Indiana to construct and operate a specialty fertilizer manufacturing facility.
Combining raw materials and technologies, the joint venture, Bionutrients, will employ 46 people and construct two facilities totaling nearly 300,000 square feet in Wabash, Indiana. The partners will break ground this spring, with the facility fully operationally in the summer of 2023.
The facility will expand Hello Nature’s Indiana presence and complements its two facilities – a plant for the production of biostimulants and the R&D Center Nello Bonini Innovation Hub – in Anderson, Indiana.
“We believe this new production facility will be a turning point for the North American market,” said Luca Bonini, Hello Nature’s CEO. “Today the fertilizer industry undergoes multiple challenges such as rising prices, logistics issues and shortage of inputs. Our facility will ensure a regular production of sustainable fertilizers to help North American farmers achieve their yield goals.”
The project will also enhance MPS operations in and near Wabash. “MPS is excited to partner with Hello Nature to bring their expertise to Wabash,” said Dan Krouse, vice president of operations at MPS Egg Farms. “After a thorough review of potential sites in two states, we determined Wabash was the most attractive location and allowed us to expand at home.”
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